According to ChainCatcher, K33 Research data showed that the ETH equivalent holdings of the VolatilityShares 2x Long Ethereum ETF increased from 106,750 ETH on November 5 to 384,900 ETH on November 27, a net increase of 278,150 ETH, an increase of 160%.
Vetle Lunde, head of research at K33 Research, pointed out that the ETF's holdings already account for 50.1% of the open interest in Ethereum futures on the Chicago Mercantile Exchange (CME), showing that investors' demand for leveraged Ethereum exposure continues to strengthen.
